3. UBMSFSI.3: PRINCIPLES OF MANAGEMENT
[50 lectures: 3 Credit]
- To provide a basis of understanding to the students with reference to working of Business Organizations through the process of Management.
- To inculcate the managerial skills of planning, organizing, and controlling and to teach how it can be executed in a variety of circumstances and apply concepts of strategic and tactical organizational planning.
| Unit | Title | No. of |
| Lectures | ||
| Unit I | NATURE OF MANAGEMENT | 10 |
| – Management:Concept, Significance, Role & Skills, Levels of | ||
| Management, Concepts of PODSCORB, Managerial Grid. | ||
| – Evolution of Management thoughts, Contribution of F.W Taylor, Henri | ||
| Fayol and Contingency Approach. | ||
| Unit II | PLANNING AND DECISION MAKING | 12 |
| – Planning : Meaning, Importance, Elements, Process, Limitations and | ||
| – Decision Making: Meaning, Importance, Process, Techniques of | ||
| Decision Making | ||
| Unit III | ORGANISING | 18 |
| -Organizing: Concepts, Structure (Formal & Informal, Line & Staff and | ||
| Matrix), Meaning, Advantages and Limitations. | ||
| -Departmentation:Â Meaning, Basis and Significance | ||
| -Span of Control: Meaning, Graicunas Theory, Factors affecting span of | ||
| Control | ||
| – Centralization vs Decentralization | ||
| -Delegation: Authority & Responsibility relationship | ||
| Unit IV | DIRECTING ,LEADERSHIP,CO-ORDINATION AND | 10 |
| CONTROLLING: – | ||
| -Directing: Meaning and Process | ||
| -Leadership: Meaning, Styles and Qualities of Good Leader | ||
| -Co-Ordination as an Essence of Management | ||
| -Controlling: Meaning, Process and Techniques | ||
| -Recent Trends: Green Management & CSR | ||
Case Studies pertaining to the above topics are to be taken by the faculties for better understanding and practical approach.
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